Opinion: The best trade retaliation? Hit the U.S. with a carbon-tax tariff
Opinion: The best trade retaliation? Hit the U.S. with a carbon-tax tariff
Against U.S. tariffs, Canada should retaliate with a carbon border adjustment – in which countries with carbon taxes impose tariffs on those without
Archived copies of the article:
Based honestly
Isn't that what the EU border adjustment mechanism is?
Yes. It's about to activate in 2026, I believe.
That is what a border adjustment mechanism is. This is a Canadian newspaper though.
Please for the love god do this.
The Left party in Sweden has been saying the same thing.
China fucked. If we all do it to China that is.
China is stepping down pollution at a rate unimaginable to Americans, and theyre only high polluters because we shipped them our dirty jobs. Also, they could pass that carbon tax down to consumers because we don't have the industry to do it anymore. Like Trump's tariffs. We no longer have the ability to step up steelworks much, and it would take years to get caught up, and by then, the investment likely wouldn't be worth it.
They arent polluting far less than the US but it is less. Sadly this only shows 2000-2023, because that only shows Chinas major growth period where emissions went up overall. If you were to look at the last 5 years or so you would see they are actually reducing drastically and will probably never reach the pollution level of the US and keep improving much faster than the US.
https://en.wikipedia.org/wiki/List_of_countries_by_carbon_dioxide_emissions_per_capita
